Fort Worth daily gazette. (Fort Worth, Tex.) 1882-1891, 1887-04-10
The Boom General in Characterized.
vance in Real Estate in Widely
Separated Localities.
Every Day Experiences In BOOmlsnd-
Watching the Clock TO Take the Second
Option on Town Lots.
Cincinnati ENQUIRER,

great deal Ia LA5 IutGfe w uIAe L4AG IL u4So
on real estate have no doubt llmbedciear
over the top of the mountains st Blrmlng- |
ham there Is . celebrating activity at
Chattanooga, Dalton, AIanta, Decatur,
Bridgeport, South PiGts0urE, Tullanoma, |
Memphis, Ma hville, and numerous other
points IN the three states named.
At ullahOma the other day was strucE |
with the singular fact that a syndicate
had closed bargain Tor the haH-dozth
summer hotels, the mineral springs, little
railroads. and pleasure resorts mat are
perched away up there on that
MAGNIFICENT TABLE-LAND.
They are oil 70 be improved, enlarged
and operated under q single management.
GLOW &C you expect to get 3 dividend
out of YOUR investment" l asked one OF
the gentlemen Interested. "While this Is
beautiful country, it does not seem to
me that TullahUm2 will ever become big
city or q commercial or manufacturing
center
owe dou't expect it to-" was the reply.
"When men acquire wealta in business IN
one place, they expect to spend portion
of it in search Of pleasure and Enjoyment
in another. That Is what TuIlahoma has
to offer. Here we are beyond the din OF
the mines and factories, and here the peO-
ple will come for
REST AND RECREATION
from the commercial and manufacturing
centers that are SO rapidly developing on
all sides Of u.s."
And TulIahoma will probably reap her
share of the benefits arising from the de
velopmeuJ OF the great mineral belt OF the
! south.
Here in Nashville, as at Chattanooga,
there is q striking activity IN real estate
at prices betokeniug q good many perma-
nent Investments The reel estate
agents in the ely meet every night IN the
Maxwell House Block and hold
REGULAR CONGRESS.
All the sales Of the cay are reported to
the Secretary, and regular printed DuI'
letins Cf sales and transactions posted up
all over the city. If q man sees an elIgl-
ole piece Of property in the city or Chat-
tanooga, fer instance, and thinks OF IN
vesting n it, he will be able to find out
WITHIN Two weeks whether II is Tor sale,
and who hiss the sale Of it. At most ne
can find out at the Real Estate Exchange
without even being put 10 the trouble OF
asking question.
Now, in Cincinnati or Columbus, the
chances ere that il will take man week
to find out 2S much ls he can learn IL nVe
minutes IL r2e Of these mld-sOuth Giles
about the preliminary steps toward the
purchase of, d negotiation for, business
or building-site or residence that might
strike his fancy.
The real estate that is changing hands
down here is not placarded with dlngY,
sineliglble boards, with the inscription
"For sale. Apply to" any more thsn
Fourth or Fifth street merchant IN On
cinnati sticks ''fOr sale" card on every
article in his store, with directions TO call
on he proprietor tor terms.
l. is curious to hear people talk ABOUT
their
EXPERIENCES IN BOOMLAED.
l will give single case in point. met
to-d,,y Mr.. Bowers, prominent ousl-
ness inan and capitalist of Richmond, Va,
who came up this way from Birmingham
to visit his married daughter in Wlnches-
ter, KY.
He recently visited Birmingham with
view of investing in mil and lumber
site to establish another son-in-laW,
former New Orleans cotton factor, in bus
mess. He found site suitable for the
purpose, and had the nerve 10 strike
bargain at once at $3.50 per front foot
, The next day he was offered an advance
/ of $50 per foot, but declined to sell.
Believing that City property com
manded too high figure per foot for the
most
PROFITABLE INVESTMENT
he went out into the subj! IS with q view
of buying land by the acre. He Wa'
given an option until u m. The next Ga!
on lot of eleven acres st $3.50 per acre
The next morning he went 10 COalton
and, thinking that an hour or two, more
or less, wouldn't make much, II any
difference as to his option, did not &c
back until p. m, but was fully resolved
70 take the land. But he didn't take 1t
f Another man sat watching the hands
f the clock, and the very minute the.
r marked tWel re he took the eleven acre
under a second option at $500 per acre
and Mr.. Bowers lost $3.50 in minute Of
the theory that they run on slow time L
Birmingham.
He then went still further out an
bought for cash s six-aCre tract, payIn
l S2250 per acre.
S "The party from whom l bought it,
q said Mr.. Bowers, Uniformed me that
L purchased it eleven months ago. ! the
: asked him to tell me frankly what he ha
paid for it. His answer
MADE NJ EEL FUNNY"
t And Mr.. Bowers smiled a peculia
y smile.
Chow much was it?'
d "Just $3.50 an acre. He had paid $50
e for the tract and sold it to me 70
: $4,000"
500 you regret your bargain"
"Far from 1t. 1 could sell it to-day 10
S25O0 an acre. l shall divide it into lots
and will treble my investment"
S Mr.. Bowers pronounced the ralIWs
: depot in Birmingham the finest IN tn
e south, and gave as q striking instance o
the rapid growth of the place that the
q had not yet had time to put up CLOG
d to add to the confusion of people
watches.
. AN AWFUL CRY
D goes up every day against the lack q
i rail Gay facilities both north and south O
l Birmingham. Why the railway CON
panies permit the grounds Of complain
TO exist | can not understand. Ii IN
present facilities south of Nashville Wer
doubled it would not meet the demand 9
5 the public and afford reasonable comfor'
e A gentleman just ap from tneasout
t said to me: "Last night L saw twenty
five ladies' compelled TO stand IN the pas
senger coach the whole night long or tax
turns in sitting down. The men hung o
the platforms, and were packed IKE sal